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Home >> Business
UPDATED: 08:30, July 12, 2006
Uganda's oil flow strikes maximum of 12,050 barrels per day
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Final tests for one of Uganda's oil wells in the western region indicated a maximum of 12,050 barrels of oil per day, Kampala press reported on Tuesday.

According to Hardman Resources and its partner Tullow Oil, Uganda's oil flow has reached a maximum of 12,050 barrels per day (bpd) from the three zones of Waraga-1 oil well following the completion of tests on the third and uppermost zone over the weekend that flowed at a steady rate of 3,650 barrels per day.

"We are very pleased with the results of Waraga-1 as the strong flows from all zones are indicative of highly permeable reservoirs. We continue to assess the commercial scale of the Waraga-Mputa area and our immediate development options," said Simon Potter, the Hardman chief executive.

The company, who has been drilling in the west of Uganda in three exploration wells along Lake Albert, said the rig and testing equipment will be relocated to the next well, Mputa-1 for similar tests due to begin in early August.

Earlier evaluation showed Uganda has a potential of producing more than 4,200 barrels of oil per day from the initial 1500 barrels, bringing high hope for the oil importing country to be oil producing one.

Uganda has been fully dependent on the imported fuel through the neighboring country's Mombassa port, Kenya.

Source: Xinhua


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